They voted 358 to 234 – a majority of 124 – in favor of the EU (Withdrawal Agreement) Bill, which now goes on to further scrutiny in Parliament. The bill bans an extension of the transition period – during which the UK is out of the EU but follows many of its rules – past 2020.
The EU would shrink from $19.1 trillion in GDP to about $16 trillion. China would have $14.7 trillion in GDP (including Hong Kong and Macau). The US would have about $21.8 trillion in GDP in January 2020 (was $21.54 in Q3 2019) .
China’s economy would be 91% of the remainder of the EU up from 77% of the EU. The EU would go from 89% of the US economy to about 73% of the US economy.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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